Asked by Jessica Slate on Jul 03, 2024
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When a company borrows money from a bank,the statement of cash flows will report a cash increase from an investing activity.
Investing Activity
Refers to buying and selling long-term assets and other investments, a key part of a company's cash flow statement.
Statement of Cash Flows
An overview presenting the collective cash revenues from a company’s operational efforts and external funding sources, together with all cash disbursements for corporate actions and investments, during a designated period.
- Distinguish between operating, investing, and financing activities in the statement of cash flows.
Verified Answer
Learning Objectives
- Distinguish between operating, investing, and financing activities in the statement of cash flows.
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